Wilmington Savings Fund Society FSB Buys Shares of 4,717 Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Wilmington Savings Fund Society FSB purchased a new position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 4,717 shares of the company’s stock, valued at approximately $725,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Sanctuary Advisors LLC boosted its position in Take-Two Interactive Software by 1.8% during the 3rd quarter. Sanctuary Advisors LLC now owns 4,493 shares of the company’s stock valued at $691,000 after purchasing an additional 79 shares during the period. Toronto Dominion Bank increased its position in Take-Two Interactive Software by 17.9% in the third quarter. Toronto Dominion Bank now owns 56,194 shares of the company’s stock worth $8,638,000 after buying an additional 8,537 shares during the period. Coldstream Capital Management Inc. lifted its stake in Take-Two Interactive Software by 10.3% in the third quarter. Coldstream Capital Management Inc. now owns 1,997 shares of the company’s stock valued at $313,000 after buying an additional 187 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of Take-Two Interactive Software by 3.5% during the third quarter. Geode Capital Management LLC now owns 4,011,190 shares of the company’s stock valued at $614,511,000 after acquiring an additional 134,767 shares during the period. Finally, Disciplined Growth Investors Inc. MN grew its position in shares of Take-Two Interactive Software by 5.5% during the third quarter. Disciplined Growth Investors Inc. MN now owns 327,685 shares of the company’s stock worth $50,368,000 after acquiring an additional 16,990 shares during the last quarter. 95.46% of the stock is owned by institutional investors and hedge funds.

Take-Two Interactive Software Stock Down 2.2 %

Shares of Take-Two Interactive Software stock opened at $185.48 on Monday. Take-Two Interactive Software, Inc. has a 12-month low of $135.24 and a 12-month high of $191.91. The firm has a market capitalization of $32.58 billion, a PE ratio of -8.77, a price-to-earnings-growth ratio of 5.76 and a beta of 0.89. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.53. The stock’s fifty day moving average is $173.10 and its 200-day moving average is $160.52.

Insiders Place Their Bets

In other news, Director Laverne Evans Srinivasan sold 2,000 shares of the firm’s stock in a transaction on Friday, November 8th. The stock was sold at an average price of $179.17, for a total value of $358,340.00. Following the completion of the sale, the director now owns 9,692 shares of the company’s stock, valued at $1,736,515.64. This trade represents a 17.11 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider Daniel P. Emerson sold 777 shares of the company’s stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $187.64, for a total value of $145,796.28. Following the transaction, the insider now directly owns 149,379 shares in the company, valued at $28,029,475.56. The trade was a 0.52 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.45% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the stock. Redburn Atlantic initiated coverage on shares of Take-Two Interactive Software in a research report on Thursday, August 29th. They issued a “buy” rating and a $194.00 price objective on the stock. The Goldman Sachs Group boosted their price objective on Take-Two Interactive Software from $186.00 to $205.00 and gave the stock a “buy” rating in a research report on Thursday, November 7th. Bank of America restated a “buy” rating and issued a $185.00 target price on shares of Take-Two Interactive Software in a research report on Wednesday, August 21st. Morgan Stanley boosted their price target on Take-Two Interactive Software from $185.00 to $200.00 and gave the stock an “overweight” rating in a research report on Thursday, November 7th. Finally, UBS Group raised their price target on Take-Two Interactive Software from $156.00 to $175.00 and gave the company a “neutral” rating in a report on Thursday, November 7th. Three investment analysts have rated the stock with a hold rating, seventeen have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $196.00.

Take-Two Interactive Software Company Profile

Take-Two Interactive Software, Inc develops, publishes, and markets interactive entertainment solutions for consumers worldwide. It develops and publishes action/adventure products under the Grand Theft Auto, LA Noire, Max Payne, Midnight Club, and Red Dead Redemption names, as well as other franchises.